Labour’s carrot and stick
Jim reports on the first big challenges facing the Chancellor, the row over the economic inheritance, the legacy of HS2 cancellation, Biden’s departure and the Tories leadership plans.
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Jim reports on the first big challenges facing the Chancellor, the row over the economic inheritance, the legacy of HS2 cancellation, Biden’s departure and the Tories leadership plans.
In his blog Jim asks if Rachael Reeves still wants the job of Chancellor after Jeremy Hunt has stolen her policies and left a legacy of tax increases and spending cuts.
Ahead of next week’s Budget, Jim examines the pressure on the Chancellor for tax cuts, and the consequences if he carries them out.
The Chancellor is cherpy but is he entitled to be? Jim analyses the Autumn Statement and Labour’s pledge to back the tax cuts.
The highest taxes for generations and falling living standards, yet argues Jim in his latest blog, the Chancellor offered stability and some ground breaking measures for the North and Midlands in this week’s Budget.
Frank McKenna urges the Chancellor to use his £30 Billion windfall to support business and the economy, and go for growth, when he delivers his budget next month.
Frank McKenna fears for small businesses and the hospitality sector following last week’s Autumn Statement.
Jim reflects on the spectacular economic implosion of the new Truss government and reports on the level of interest from business in the Labour Party that he noted at their Liverpool conference.
Jim looks at the implications of the Chancellor’s statement on the Levelling Up agenda and the date of the next General Election.
Jim asks if the Chancellor’s breezy Budget optimism is justified and the difficulty Labour has in opposing a high spending, high taxing government.
Traditional Tories will see the Chancellor’s budget as heresy. But Sunak and Johnson won’t mind if it delivers them another election victory.
In his 400th blog for Downtown, Jim asks how the huge bill for Covid-19 is going to be paid for. Some experts say let the deficit take care of itself, but Jim thinks some tax rises are inevitable.